How much would the UK be willing to pay to leave the EU?
2017-08-06 04:16:37 UTC
LONDON (Reuters) - Britain is prepared to pay up to 40 billion euros ($47 billion) as part of a deal to leave the European Union, the Sunday Telegraph newspaper reported, citing three unnamed sources familiar with Britain's negotiating strategy.
BREXIT: UK could lose up to 40,000 investment banking jobs
2017-08-01 05:46:07 UTC
LONDON (Reuters) - Britain's finance industry could lose up to 40,000 investment banking jobs in the next few years unless it strikes a softer deal on its departure from the European Union, according to a new report by consultancy firm Oliver Wyma...
Germany: US sanctions against Russia violate international law
2017-08-01 05:31:14 UTC
BERLIN — Germany's economy minister, Brigitte Zypries, on Monday decried the US' latest round of sanctions against Russia, insisting that they violate international law by indirectly punishing European firms.
"The Americans cannot punish German...
"Working together to take the UK out of the EU" is falling to Chaos
2017-07-30 04:16:56 UTC
LONDON (Reuters) - An ally of British foreign minister Boris Johnson has criticized the Brexit transition plans of finance minister Philip Hammond, a newspaper said, in the latest sign of tensions within the government over how Britain should leav...
New EU aid to help refugees with rent and cash in Greece
2017-07-27 18:02:36 UTC
ATHENS (Reuters) - The European Commission will give Greece 209 million euros ($245 million) in new emergency aid to help refugees stranded in the country rent homes and pay for basics with a cash card, the Commission said on Thursday.
EU, the world's biggest trading bloc, seeks to set global trade rules - US out of the race
2017-07-27 16:29:50 UTC
BRUSSELS (Reuters) - If Donald Trump's ditching of a U.S.-led trade alliance with Pacific Rim nations wasn't a gift to the European Union, then it must be the next best thing.
The president's decision on his first day in office effectively pull...
Russian cyber criminals: $4 billion bitcoin laundering ring
2017-07-26 17:56:41 UTC
ATHENS/MOSCOW/NEW YORK (Reuters) - A Russian man suspected of being the anonymous mastermind behind one of the world's oldest crypto-currency exchanges and of laundering at least $4 billion has been arrested in Greece, police and sources said on W...
Turkish Clothing Export: The Real Trade Challenge Is Germany
2017-07-25 16:58:54 UTC
ISTANBUL (Reuters) - Turkey's clothing sector, a main driver of its foreign sales, may miss this year's export target if a row with Germany is not resolved, a leading manufacturer said on Tuesday.
Despite signs of a sales turnaround to other co...
Polish President says he would veto Supreme Court bills
2017-07-25 04:40:59 UTC
WARSAW (Reuters) - Polish President Andrzej Duda on Monday said he would veto two of three bills passed by parliament in a judicial reform that has triggered nationwide protests and raised EU and U.S. concerns about a politicization of the courts....
British households' financial situation already deteriorating
2017-07-24 03:04:56 UTC
LONDON - U.S. president Donald Trump announced in June 2016, "I think Brexit is going to end up being a great thing."
Just one year after the Brexit vote, British people are more pessimistic and worried about their uncertain future.
Germany confronts Russia over Siemens turbines in Crimea
2017-07-23 04:38:53 UTC
<blockquote>FRANKFURT (Reuters) - Germany has warned Russia that breaches of sanctions including the relocation to Crimea of four gas turbines delivered to Russia by Siemens are straining political relations between the two countries, 'Bild am Son...
African immigrants in Germany help refugees to integrate
2017-07-21 06:52:17 UTC
<blockquote><h2>How African migrants are turning the tide for refugees in Germany</h2><h3><i>There's hardly anyone more qualified to help migrants and refugees new to Germany than former newcomers themselves. This is the premise of AfricanTide, an...
Solid European economic outlook kept euro strong against dollar
2017-07-21 04:12:59 UTC
TOKYO (Reuters) - Concerns about Trump's inability to push the US economy and strong global growth are weakening the dollar.
The euro held near two-year highs against the dollar on Friday after the head of the European Central Bank said taperin...
German patience is over with Turkey's Erdogan
2017-07-20 16:04:36 UTC
BERLIN (Reuters) - In comments that threatened broader economic consequences, German Foreign Minister Sigmar Gabriel said he could not advise companies to invest in a country [Turkey] without legal certainty where even completely innocent companie...
Netanyahu caught on hot microphone complaining about EU
2017-07-19 18:23:30 UTC
Netanyahu has been caught by journalists imploring central European leaders to campaign for Israel in the EU. Conference organizers quickly cut his microphone when they realized his closed-door comments were broadcast.
Israeli Prime Minister ...
German engineers refusing to help Putin to turn on turbines in Crimea
2017-07-19 17:10:03 UTC
MOSCOW (Reuters) - Russia outfoxed European Union sanctions by delivering gas turbines made by Germany's Siemens to the annexed Ukrainian region of Crimea. Now for the hard part, switching them on.
No Russian company, according to Reuters data,...
Brexit EU hub: Morgan Stanley & Citigroup choosing Frankfurt
2017-07-19 16:48:26 UTC
FRANKFURT/LONDON (Reuters) - Morgan Stanley has chosen Frankfurt to be the new base for its European Union operations as Britain prepares to leave the bloc, according to a source familiar with the matter, becoming the latest U.S. bank to pick the ...
Trump had undisclosed hour-long meeting with Putin at G20
2017-07-19 01:49:47 UTC
WASHINGTON (Reuters) - U.S. President Donald Trump and Russian President Vladimir Putin held a second, previously undisclosed conversation during a dinner for G20 leaders at a summit earlier this month in Germany, a White House official confirmed ...
Angela Merkel: Brexit changed my view on Europe
2017-07-15 18:57:48 UTC
ZINGST, Germany (Reuters) - German Chancellor Angela Merkel told voters on Saturday that Britain's decision to leave the European Union and France's election of President Emmanuel Macron had changed her view on the bloc, adding it was worth fighti...
Trump shows his chauvinist attitude in France
2017-07-14 01:54:45 UTC
(Reuters) - U.S. President Donald Trump praised French first lady Brigitte Macron for being in <i>"such good shape"</i> on Thursday during his state visit to France, according to a video on the French government's Facebook page.
Trump, 71, who ...
Austria forbidden a Turkish minister from entering the country
2017-07-10 07:00:05 UTC
VIENNA — Austria has barred Turkish Economy Minister Nihat Zeybekci from entering the country to attend an event marking the anniversary of last year's failed coup in Turkey, a spokesman for Austria's foreign ministry said on Monday.
German exports rose again more strongly than expected
2017-07-10 06:54:14 UTC
German exports rose more strongly than expected in May, outpacing a solid increase in imports and widening the trade surplus of Europe's biggest economy, data showed on Monday.
Seasonally adjusted exports climbed 1.4 percent - their fifth conse...
Merkel convinces fellow world leaders to support trade, energy & Africa - US isolated
2017-07-08 23:24:18 UTC
HAMBURG — Leaders from the world's leading economies broke with U.S. President Donald Trump on climate policy at a G20 summit on Saturday, in a rare public admission of disagreement and blow to multilateral cooperation.
German Chancellor ...
President of the United States is Trying to Divide Europe
2017-07-05 22:02:32 UTC
WARSAW — U.S. far-right nationalist President Donald Trump will get a chance to patch up trans-Atlantic ties this week when he meets with NATO allies still rattled by his failure on an earlier trip to embrace the principle that an attack against o...
Germany's Federal Crime Office has the Panama Papers
2017-07-04 17:22:23 UTC
BERLIN — Germany's Federal Crime Office(BKA) said on Tuesday it had obtained a copy of the leaked data known as the Panama Papers that last year revealed how offshore firms are used to stash the wealth of the world's rich and powerful.